Nyxoah Non Currrent Assets Other vs Cash And Short Term Investments Analysis
NYXH Stock | USD 8.28 0.07 0.85% |
Nyxoah financial indicator trend analysis is infinitely more than just investigating Nyxoah recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nyxoah is a good investment. Please check the relationship between Nyxoah Non Currrent Assets Other and its Cash And Short Term Investments accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nyxoah. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest. For more detail on how to invest in Nyxoah Stock please use our How to Invest in Nyxoah guide.
Non Currrent Assets Other vs Cash And Short Term Investments
Non Currrent Assets Other vs Cash And Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nyxoah Non Currrent Assets Other account and Cash And Short Term Investments. At this time, the significance of the direction appears to have very week relationship.
The correlation between Nyxoah's Non Currrent Assets Other and Cash And Short Term Investments is 0.24. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Nyxoah, assuming nothing else is changed. The correlation between historical values of Nyxoah's Non Currrent Assets Other and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Currrent Assets Other of Nyxoah are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Non Currrent Assets Other i.e., Nyxoah's Non Currrent Assets Other and Cash And Short Term Investments go up and down completely randomly.
Correlation Coefficient | 0.24 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Non Currrent Assets Other
Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Nyxoah balance sheet. This account contains Nyxoah investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Nyxoah fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.Most indicators from Nyxoah's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nyxoah current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nyxoah. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest. For more detail on how to invest in Nyxoah Stock please use our How to Invest in Nyxoah guide.The Nyxoah's current Issuance Of Capital Stock is estimated to increase to about 32 M, while Tax Provision is forecasted to increase to (312.6 K).
2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 26.8M | 34.4M | 47.8M | 50.2M | Cost Of Revenue | 303K | 1.2M | 1.7M | 937.7K |
Nyxoah fundamental ratios Correlations
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Nyxoah Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Nyxoah fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 15.2M | 114.1M | 170.8M | 146.1M | 124.2M | 94.2M | |
Short Long Term Debt Total | 8.6M | 11.5M | 11.7M | 11.9M | 12.7M | 10.6M | |
Other Current Liab | 1.7M | 4.5M | 5.2M | 8.3M | 7.1M | 4.5M | |
Total Current Liabilities | 3.6M | 6.4M | 11.6M | 14.9M | 14.4M | 8.6M | |
Total Stockholder Equity | 3.7M | 97.2M | 148.6M | 120.3M | 98.1M | 75.9M | |
Net Tangible Assets | 10.5M | 667K | 96.6M | 148.1M | 170.3M | 178.8M | |
Property Plant And Equipment Net | 1.4M | 4.0M | 5.2M | 5.6M | 8.0M | 8.4M | |
Net Debt | 2.7M | (80.8M) | (123.8M) | (6.0M) | (8.9M) | (9.4M) | |
Retained Earnings | (47.1M) | (60.3M) | (87.2M) | (118.2M) | (160.8M) | (152.8M) | |
Accounts Payable | 1.2M | 815K | 2.4M | 1.9M | 4.1M | 4.3M | |
Cash | 5.9M | 92.3M | 135.5M | 17.9M | 21.6M | 20.5M | |
Non Current Assets Total | 7.2M | 20.0M | 30.8M | 45.8M | 55.8M | 58.6M | |
Non Currrent Assets Other | 78K | (1K) | 164K | 173K | 46.2M | 48.5M | |
Other Assets | 97K | 5.5M | 15.4M | 25.0M | 28.7M | 30.2M | |
Long Term Debt | 7.1M | 7.6M | 7.8M | 8.2M | 8.4M | 7.8M | |
Cash And Short Term Investments | 5.9M | 92.3M | 135.5M | 94.9M | 57.7M | 64.9M | |
Net Receivables | 2.1M | 1.6M | 2.5M | 1.8M | 2.8M | 1.9M | |
Common Stock Shares Outstanding | 21.4M | 18.1M | 23.8M | 25.8M | 28.0M | 25.0M | |
Liabilities And Stockholders Equity | 15.2M | 114.1M | 170.8M | 146.1M | 124.2M | 94.2M | |
Non Current Liabilities Total | 7.9M | 10.5M | 10.6M | 10.8M | 11.7M | 9.7M | |
Capital Lease Obligations | 1.1M | 3.3M | 3.3M | 3.3M | 4.0M | 2.4M | |
Other Current Assets | 11K | 109K | 1.7M | 2.7M | 4.5M | 4.8M | |
Other Stockholder Equity | 46.7M | 153.6M | 231.2M | 233.9M | 253.9M | 157.2M | |
Total Liab | 11.5M | 16.9M | 22.2M | 25.7M | 26.1M | 18.3M | |
Net Invested Capital | 11.2M | 105.4M | 157.0M | 128.9M | 106.8M | 84.1M | |
Short Long Term Debt | 378K | 616K | 554K | 388K | 364K | 468.9K | |
Total Current Assets | 8.0M | 94.1M | 140.1M | 100.3M | 68.4M | 69.0M | |
Accumulated Other Comprehensive Income | 207K | 149K | 202K | 176K | 137K | 152.9K | |
Net Working Capital | 4.4M | 87.7M | 128.5M | 85.3M | 53.9M | 60.4M | |
Short Term Debt | 718K | 1.1M | 1.1M | 1.1M | 1.2M | 935K | |
Property Plant Equipment | 1.4M | 4.0M | 5.2M | 5.6M | 6.5M | 6.8M |
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When determining whether Nyxoah offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Nyxoah's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Nyxoah Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Nyxoah Stock:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nyxoah. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest. For more detail on how to invest in Nyxoah Stock please use our How to Invest in Nyxoah guide.You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Is Health Care Equipment & Supplies space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Nyxoah. If investors know Nyxoah will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Nyxoah listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.82) | Revenue Per Share 0.166 | Quarterly Revenue Growth 0.297 | Return On Assets (0.23) | Return On Equity (0.50) |
The market value of Nyxoah is measured differently than its book value, which is the value of Nyxoah that is recorded on the company's balance sheet. Investors also form their own opinion of Nyxoah's value that differs from its market value or its book value, called intrinsic value, which is Nyxoah's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Nyxoah's market value can be influenced by many factors that don't directly affect Nyxoah's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Nyxoah's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nyxoah is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nyxoah's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.